I had the same error when running lib.exe from cmd on Windows with a long argument list. apparently cmd.exe has max line length of about 8K characters, which resulted that the filenames at the end of this threshold got changed, thus resulting in bad filename error. my solution was to trim the line. I removed all paths from filenames and added single path using /LIBPATH option. for example:
/LIBPATH:absolute_path /OUT:outfilename filename1.obj filename2.obj ... filenameN.obj